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Tech companies have been matching their electricity use with purchases of wind and solar power. Now Google wants to go further and run its operations on renewables 24/7
Offshore wind in the US has lagged behind Europe, where in some countries projects are now economically viable without special subsidies. The US industry faces a different set of challenges, but state policies and the federal Investment Tax Credit have created the conditions for what could be a boom over the next few years.
As US E&Ps are battered by plunging oil prices, the Trump administration is considering offering them financial support. This and more in this week's Energy Pulse with Ed Crooks.
The Amazon founder plans a new strategy: giving grants to scientists and activists, rather than making investments in energy technologies. That and more in this week's Energy Pulse with Ed Crooks.
The energy transition is well underway. But huge challenges still stand in the way of decarbonisation. What could influence the pace and scale of the transition? David Brown investigates.
How does the region move rapidly towards a pathway to decarbonisation in line with Paris Agreement goals, while ensuring continued economic growth and competitiveness?
Electrification, resiliency and flexibility continue to be the dominating grid edge themes in 2021. Each quarter, our Grid Edge team provides a comprehensive briefing, including updates and analysis of the key themes and developments in the grid edge ecosystem.
The start of 2020 has already seen significant momentum around electrification and grid edge innovation. However, challenges lie ahead due to the pandemic.
All oil and gas companies are in a state of flux. Driven by the energy transition, upstream supply must now be low cost, low risk and, increasingly, lower carbon. Lenders and shareholders seek clear strategies on emissions reduction, while still expecting the returns that attracted them to oil and gas companies in the first place.
As 2019 ended, I visited clients in Tokyo, Seoul and Taipei and was struck by how rapidly concern over emissions has escalated and is now driving energy policy change. I believe this trend could accelerate in 2020, with important implications for companies and the fuel mix across the region.
American microgrid developers are taking two distinct approaches
A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!
Despite short-term challenges, all leading wind turbine manufacturers will double their annual installed capacity over the next decade, driven by soaring wind demand
Insights on domestic manufacturing, distributed solar and large loads from one of North America’s largest clean energy events
President Trump's energy dominance, looming trade wars and an AI boom reshape this year's US power outlook
In a new report, we look at China’s electrolyser market and explore its potential to redefine hydrogen production by driving down costs
Europe is the leading global producer of the net-zero carbon renewable gas, but continued growth depends on policy support
What is winning the global energy storage race? Lithium-ion is the clear winner, but it has one major drawback. Rory McCarthy, senior analyst, energy storage, looks at lithium-ion's role in the energy transition.
The electric vehicle (EV) revolution depends on getting the right infrastructure, in the right locations. Here’s how providing workplace charging could bring direct and indirect economic benefits to businesses, and support the energy transition.
What investors need to know about Europe's hottest solar PV market: Spain.
Wood Mackenzie CEO Neal Anderson shares his views on the importance of gender diversity in the natural resources sector
We explore why copper is inseparable from the electric vehicle story and why we need more infrastructure investment as a catalyst for greater EV adoption.
How likely is a no-deal Brexit and what would it mean for the UK offshore wind power industry? Get the latest analysis from our offshore wind team.
We've distilled our outlook into five charts that examine global supply by fuel, demand by country and emerging markets in Asia Pacific.
We answer frequently asked questions about the fast-growing energy storage market
Principal Economist Peter Martin’s 2000-word report “Global spread of Covid-19 derailing the world economy” examines the impact of coronavirus on the world economy. Get the highlights of Peter’s research here or purchase the full report for a more in-depth discussion.
The coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW when compared to Wood Mackenzie’s previous projections. Due to other market changes since Wood Mackenzie’s Q4 2019 update, total forecast wind additions for 2020 is now expected to be 73GW.
The margin of error for meeting project returns has narrowed substantially in recent years. Competition for offtake contracts in wind and solar that secure the bottom for investors has become intense. This means that developers are increasingly taking more power delivery risks in the near-term to win contracts, while backloading their own returns into the distant future.
As energy companies worldwide grapple with the economic impact of the coronavirus pandemic, long-term planning continues. Ahead of the release of the 14th five-year plan early next year, recent announcements from several key players in the country’s power sector indicate China is considering a major investment spree in coal-fired generation.
The coronavirus outbreak is having a seismic effect. How is it affecting gas, power and chemicals markets?
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